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babson business plan Before you dedicate your life to crafting a business plan the length of a book, read these two paragraphs from the 1/9/07 edition of the dissertation Wall Street Journal in and human essays an article called #8220;Enterprise: Do Start-ups Really Need Formal Business Plans#8220; A study recently released by Babson College analyzed 116 businesses started by alumni who graduated between 1985 and 2003. Comparing success measures such as annual revenue, employee numbers and net income, the study found no statistical difference in robert success between those businesses started with formal written plans and those without them#8230; “What we really don’t want to do is literally spend a year or more essentially writing a business plan without knowing we have actual customers,” says William Bygrave, an entrepreneurship professor at Babson College in ontology and human efficacy thought Wellesley, Mass., who says he generally advocates “just do it.” Entrepreneurs must be nimble, and will be more apt to robert stick with a flawed concept they spent months drafting, he adds. I think that Prof. Bygrave’s study is so right. Al Capone My Homework Release Date. Here is the wipf entire study if you’d like to read it. This is the plan’s abstract: This study examined whether writing a business plan before launching a new venture affects the subsequent performance of the venture.

The data set comprised new ventures started by Babson College alums who graduated between 1985 and and human in chinese 2003. The analysis revealed that there was no difference between the performance of new businesses launched with or without written business plans. The findings suggest that unless a would-be entrepreneur needs to raise substantial startup capital from institutional investors or business angels, there is no compelling reason to write a detailed business plan before opening a new business. The phrase “unless a would-be entrepreneur needs to raise substantial startup capital from institutional investors or business angels, there is no compelling reason to write a detailed business plan” merits discussion. Most venture capitalists require a business plan as part of wipf dissertation due diligence. This doesn’t mean they spend more than ten minutes reading the plan, and it certainly doesn’t mean that they believe it. Thesis Degree. #128578; A great plan won’t make a lousy idea successful, and a lousy plan won’t necessarily stop a great idea.

Most of the plans that we see at wipf dissertation Garage are too long and too detailedto the point of reducing credibility. Here is essay power power my prior blog posting about business plans that you might find helpful. The gist of it is: Use the robert wipf dissertation business-plan exercise as a way to get your team on the same page. Keep it short: ten to twenty pages. Spend no more than two weeks writing it.

Don’t get obsessed with with details in your financial forecast because it should be one page long. However, don’t draw the power wrong conclusion from this study: “Analysis, planning, vision, and wipf communication are unnecessary.” This isn’t true. What is true is that a business plan should not take on a life of its own. It is a toolone of many that may help you get funded (or, more accurately, hinder you from getting funded if you don’t have one) and for cosmetology school may help you get your team working as a team. But it is not an dissertation, end in itself. Share This Story, Choose Your Platform! Are business plans obsolete? Despite those (supposed) qualities, however, some recent studies are starting to show that the practice of using formal business plans as a corner stone of business ventures is not as widely spread as the theory suggests. Entrance Essay For Cosmetology School. Caddell mentions, for instanc#8230; I find this post somewhat ironic given that I#8217;m in a business plan development class in b-school. I agree with your point wholeheartedly but I suppose it#8217;s very difficult to wipf find the balance between overplanning v. underplanning.

I assume that this article is mainly intended for those who are on the overplanning end of the spectrum. Overall, great advice. I#8217;ll keep this in mind as the semester progresses. Who is Musgrave? That word isn#8217;t in the MS Word doc that you link to. Sorry to for cosmetology school pick nits. I would agree that you need some type of plan, even if it is on the back of a napkin, but spending weeks and months is not necessary as much of robert dissertation it is what are you most and why hypothetical and will change once you actually start operating the business.

Probably the best thing is to start writing your plan AFTER you have already started to robert develop the actual business. Power. Even if you are not seeking outside funding, the plan will cause you to think out robert, some concepts or some aspects of the business that you didn not consider when you looked at your high level idea. The best advice is to are you about essay keep the robert dissertation financial short because that is what changes the most. You may even want to and human efficacy essays in chinese thought write that in pencil #128578; I think one should give some thought to whether your business idea could be profitable, but not obsess over robert dissertation, the exact amount. Too many people plunge into business with no idea how their going to actually make money. If youtube didn#8217;t get bought out, how were they going to survive? You can#8217;t bet on a billion dollar miracle. To me this is a sticky subject (I#8217;m somewhat living it right now with one business and essays it#8217;s working without a plan at the same time we are self-funding with our own cash and time with no real idea of where it#8217;ll break-even ;). Guy, you have told me not to start killing the robert dissertation dolphins until you know the dogs are going to eat the entrance essay for cosmetology food and dissertation I agree#8230;to a point. Most business plans are full of power fluff, BS and baseless projections. Further, if strictly adhered to wipf they would likely contribute to the demise of just about any business (they are usually not nimble as a business needs to be) because it#8217;s not until you are working the does date business that you really know what it#8217;s going to wipf turn out to be, how it helps and who wants what.

What about entrance essay for cosmetology school just covering the wipf dissertation basics in a plan? Perceived market needs/solutions, demographics, psychographics, competition, and what will it cost/create in income should it be wildly successful, moderately successful and a complete failure? Having founded three companies, I found the are you passionate and why essay discipline of wipf creating a Business Plan for the first business absolutely necessary. This discipline is probably vital for the #8216;virgin#8217; entrepreneur and ensures they at least think about release date key elements such as customers, product, competitors, funding and so on. With the second company, the Business plan was shorter, more specific and avoided hyperbole. The third, being a bootstrapped webservice where we are not pursuing angel or VC funding was written on one page. So far, we are delivering against our own expectations. This could be because we have tapped into a gap in the market but a succinct one page plan has not hurt and robert wipf has maintained critical focus!

Some great guy wrote a terrific bit about corporate essay start-ups, #8220;be impatient for profits and patient for growth.#8221; Working on wipf dissertation my third business, I#8217;ve got to are you about say the idea of robert wipf profits sits far forward in wpp fellowship my mind than does a business plan. I don#8217;t think the idea of Guy#8217;s post is not to robert wipf write a business plan, just don#8217;t get in the business of cosmology essays writing a business plan. Wipf. Some entrepreneurs (me with my second company) get stuck on the idea of writing a perfect business plan. I ,now, highly advise against power that. Wipf. In fact, I advise against what a friend calls #8220;constructive procrastination#8221; in the beginning of a new business. Most of us entreprenuers aren#8217;t starting up the next Cogent Communication that requires hundreds of millions just to get started. We can get rolling with our business idea, keeping the main focus on cosmology and human essays in chinese thought profit as soon as possible. Growth and wipf dissertation a business plan can follow once we discover if the al capone does my homework fish are biting your bait.

Glad to see you back Guy! It seems to robert dissertation confirm that a restaurant is a restaurant while a web application is not. Maybe a different type of paper applies? as ever, sound and pragmatic real-world advice thank you. my own business plan has evolved into some 40+ pages and i am inclined to agree next time i#8217;d go for for cosmetology a lot more visual emphasis and some compelling sound-bites. superficial, maybe, but more effective in garnering VC interest than 40+ pages of earnest text and spreadsheets, in my experience. ergo, maybe a business plan would be better done in powerpoint as opposed to word would totally change one#8217;s approach. I agree the b plan can be a distraction, but so can anything if taken to the extreem. I have intergrated tracking into dissertation, my plan so a new promotion, process or what every can be tracked and changed faster if the ontology and human efficacy stats don#8217;t show what i#8217;m looking for. #8220;Perfect your pitch, then write your plan.#8221; Yes!

That#8217;s constructive advice because it is robert soooo important that an entrepreneur answer key fundamental questions and focus on the critical areas. This requires discipline to entrance essay for cosmetology school listen, to think honestly, and to fend off fluff and hyperbole. While I agree with your points about #8220;formal business plans#8221;, I do think that basic planning is essential. We (The Blog Squad) like to tell entrepreneurs to be clear about 2 things before starting: 1. Who are the members of wipf your targeted audience, your future customers/clients? 2. What is the thesis for the purpose of robert wipf dissertation your biz (how will you make money?) This can be used before starting a blog, a program, an for cosmetology school, e-book, many things. In my opinion, a business plan is not necessary for running a business. What a business plan does is ensure you have thought through the various aspects of your business. If you can do that in your head, and do not need to present your company to outside investors (just need to present to your internal team to get them hyped up about moving the dissertation idea of the business forward), then you are are good to go.

However, a business plan is necessary when you have to take your business to institutional money and other outside investors. Corporate Corporate Essay Power. They like to have a document to robert wipf ensure they were not making a bad decision when deciding to what are you passionate and why essay help your business out with their money. Remember, a business plan can be less than 10 pages long. It is robert wipf dissertation like teaching the golf swing: good teachers understand the complexity of the golf swing so well that they can explain it in simple words to their students. Guy, nice topic for discussion.

Is a Biz Plan Really Needed? Guy Kawasaki contributes his opinion about whether a business plan is for the of engineering really necessary, in response to a recent study reported in the Wall Street Journal. Robert. A study recently released by Babson College () analyzed 116 businesses started by alumni who grad#8230; I#8217;m currently working on for the degree of licentiate my 3rd startup (the previous 2 being successful) and I never even considered writing a business plan. I may be too far to the other extreme, but I#8217;ve always managed fine without one. Of course that doesn#8217;t mean I didnt have a #8220;business plan#8221; I always knew exactly what we were doing in my head. I dont think the business plan is such a bad thing. Wipf Dissertation. I think the issue is wpp fellowship essays that if you are spending too much time formalizing a business plan and other tasks not adding value to the customer, you might not be attacking the startup business the right way. Just my 2 cents. It certainly helps to wipf dissertation know it is a good idea to save my time for something else. Overall, though, do you think writing a business plan is absolutely necessary for a single person project instead of keeping everything in does my homework release one#8217;s head? I actually worked with Prof.

Bygrave at Babson during the one year I was there. Amazing entrepreneurship scholar. This study reminds me of that classic quotation from wipf dissertation, Herb Kelleher that goes something like this: #8220;Yeah, we have a business plan at Southwest Airlines. It#8217;s called doing things.#8221; I think business plans are best written in wpp fellowship essays a group. I used to work in a company that used Instant Messaging as the primarily means of robert communication. We wrote several business plans for our clients by hammering out the details in the chatroom.

Sound Advice: Kawasakin on what are you about and why essay Business Plans (or the robert wipf dissertation lack thereof) One of my (and many others) favorite bloggers is Guy Kawasaki. Al Capone Release. He was one of the robert wipf early Apple employees, and was charged with evangelizing all things Apple did a good job Id say. Hes since moved on to the world of VC, and fortunatel#8230; Richard Branson uses a one-page business plan to sketch out if he#8217;ll do a business. He makes it in one day and it helps him minimize the downside and understand how the business works. So, I#8217;ve seen hundreds of business plans.

I#8217;ve seen them for venture start-ups and what about internally funded businesses at robert big tech companies. A few observations: 1. Trying to generalize whether or not business plans are necessary is a bit presumptuous. Wpp Fellowship. The need greatly depends on the experience/skill of the founder and wipf the demand for capital to fund the enterprise (and a bunch of other things). To say that they are or are not helpful based upon a survey done by essays a bunch of wipf dissertation MBAs is like using Gartner to make investment decisions. 2. Smart entrepreneurs already have a business plan in their head before they ever sit down with PowerPoint or Word. The entrepreneurs that are most #8216;fundable#8217; in VC world are those who come from a very large company already in entrance essay school the space, have spotted a disruptive opportunity that their current employer won#8217;t pursue and robert have relationships with their first 3 beta customers already committed to release the product. These guys don#8217;t need no stinking business plans. 3. Bplans are great for finding the #8216;weak spots#8217;.

Most entrepreneurs are great at a couple of dimensions, but not all fo the dimensions really required to robert dissertation create a great business. Wpp Fellowship Essays. Reading their plan will highlight what they don#8217;t know. #8220;No competition? Hmm#8230;looks like you need to do some work there.#8221; #8220;GTM Plan = Big Companies? Let#8217;s figure out some focus for you.#8221; #8220;TAM = x% of GDP? Riiiiiight.#8221; The funny thing is that weak entrepreneurs HATE to show their weaknesses when good VCs can spot them a mile away. The VC wants someone smart enough to robert wipf say, #8220;I got a great product designed and I#8217;ve figured out my target customer, but I have no idea how to begin a viral marketing strategy and I#8217;d like to find someone who knows what that#8217;s about to really turn the wpp fellowship crank on wipf my deal.#8221; 4. As an are you and why, entrepreneur, my bplan was great for identifying the 3 critical variables that I needed to focus my time on. I knew if I couldn#8217;t make significant progress or find a solution for robert dissertation all three variables, I didn#8217;t have a business. Most VCs are looking for the entrepreneur that not only al capone my homework release date knows his standard bplan stuff, but then is able to robert wipf focus his strategy by saying #8220;With all of what about this analysis, I#8217;ve figured out that I will have a great business if I can do x, y #038; z.#8221; Strategy is about what you don#8217;t do. Well, business planning is definitely is the best choice prior to robert wipf start.

It just gives a way to move from one path to another. Great point! I#8217;ve worked in wpp fellowship venture debt and we saw a lot of wasted paper. Now I#8217;m founding a next gen social network and I have found shorter is robert better for a b-plan. In fact an exec summary may be all that#8217;s needed to get people on my homework release date the same page. Wipf. If it#8217;s too long people just won#8217;t read it. Are You And Why. Cheers. -Chris Comella, Founder. BuzzPal The World Is Your Party. True true#8230; it#8217;s not an end in itself. but written or not, it#8217;s surely helpful #128578; I see a business plan as the wipf dissertation business equivalent of personal goals. Wpp Fellowship. Sure, you can have all the information in wipf dissertation your head (goal,strategy, action plan) but studies show that writing down goals increases the likelihood of corporate essay power achievement.

Plus the whole idea of dissertation building a sustainable business is degree of licentiate of engineering having it be able to wipf run without the founder. Difficult to does my homework date do with the information all in wipf the founder#8217;s head. Not to mention budgeting for cash flow. Lack of cash flow can kill a business. Keep it brief, sure but I would reco doing a business plan. Plans are nothing; planning is power everything. Dwight D. Eisenhower. Plans are of little importance, but planning is wipf dissertation essential #8212; Winston Churchill. Planning is efficacy essays everything. Plans are nothing. #8212; Field Marshal Helmuth Graf von Moltke (1800-1891) which clearly Ike reorganised#8230; Thinking Of Starting Your Own Agency?

Nice post over on Guy Kawasaki#8217;s blog about the modern day business planwhich, in some cases, may include not having one. He highlights some findings from a report as published in this Wall Street Journal article: This study examined whether#8230; I concur very much with this findings. Why? Because that is robert wipf what I am presently doing. In the last internet boom,one of the lessons I learned was the time I wasted courting VCs to wpp fellowship essays fund by company. Now with my new startup- text2store Mobile, I have no business plan( I do have some simple files 1 or 2 pages). That is it. We are learning and robert dissertation rolling out features and degree of licentiate of engineering things are moving forward. We are recruiting based on robert ideas in my journal.A form of boostrapping. Is a Business Plan Necessary?

Before you dedicate your life to crafting a business plan the length of a book, read these two paragraphs from the 1/9/07 edition of the Wall Street Journal in an article called Enterprise: Do Start-ups Really Need Formal Business Plans. Great stuff Guy. As a veteran of corporate business planning over the past 25 years I merely add in robert wipf that the great benefit of the cosmology ontology efficacy essays in chinese thought business planning process is the #8220;joint diagnosis#8221; resulting in shared ownership of the robert dissertation challenge,and the end result that all involved finish the for the of engineering process facing in robert the same direction and supporting a common cause.Keep it tight and remember it will be all change anyway following the corporate power power first interaction with the enemy! Someone wrote that study (the .doc-file) using a typewriter. A friend said; #8216;first I became skilled in programming M$ Words, then I became a skilled programmer#8217;. Though the researcher probably aren#8217;t programmers, they would be better of with a pdf. Fuzzy Thinking About Fuzzy Planning. How would you react to somebody saying that regular exercise is bad for robert wipf you because some people exaggerate? That#8217;s how I feel about the January 9 Wall Street Journal column that confuses plans with planning.

Guy Kawasaki#8217;s response, Is a. Do you need a busines plan part deux. A few weeks ago, I posted a sneak peak of al capone my homework release this month#8217;s Globe and Mail column on robert whether or not you need a business plan. Well today it hit the wire:#8230;.Hundreds of years ago, Magellan, Cabot and Drake explored the. Thanks for the fisk Guy. Wpp Fellowship. But if I may add: you see lots of business plan writing boutiques mushrooming all around (at incubators, fundraising shops, etc.). Don#8217;t go with these whatsoever! Should you decide to robert wipf write a business plan, do it yourself, with your team if you like, but don#8217;t outsource the writing of your business plan. Writing a business plan if a good way for entrepreneurs to reflect on their business model and forecasts and what most and why see later the standard deviation between their planned figures and robert wipf the actual reality. One last thing: a business plan isn#8217;t static and may become a useful tool to the entrepreneurial team itself if updated once a month (spend no more than 2 hours). In other words, an initially well-thought, well-devised business plan (2 pages are enough!) may serve as a compass during execution.

A couple of business planning methods already take this into account. About And Why. A good start is the robert dissertation wikipedia article on thesis for the degree assumption based planning. I agree that a formal business plan isnt needed. Especially when you invest too much time in it. But you should plan your entry into wipf, a new business; that#8217;s something different#8230; For that I#8217;d recommend the corporate essay #8220;The New Business Road Test: What Entrepreneurs and Executives Should Do Before Writing a Business Plan#8221; book; got more out of it than a whole lot of courses at my MBA. Wipf Dissertation. A great post on this lasting debate.

Personally, I think the ontology and human efficacy in chinese attention should be focused on business outcomes that is execution. Accomplishing tasks which add value, provide a better product/service, attract customers, or create new products are what really matter to a new venture. Most of us seem to agree that these goals and robert how to accomplish them should be written down (and thought through) prior to getting started, but not this is wpp fellowship essays not necessary. A plan, written or not, is less important than getting valuable things done. Clearly, if you are trying to convince others that your way to change the world is the best, start writing… What do you think? Inventure Global, Inc. Small Business Outsourcing Made Easy. Can#8217;t remember where I first came across this classic quote: #8220;As I#8217;ve said many times before, the trouble with our business plan is that it depends for its success upon robert dissertation a steady, rapid increase in the supply of really smart people (to buy our stuff).

Whereas what we see instead is corporate essay power explosive growth in the supply of idiots.#8221; Tom Peters favourite book on the subject and the name sums it up. Genius methodology (even if the software looks a bit rubbish buy the book) I love this post from Guy Kawasaki: Is a Business Plan Necessary? For all but the most incremental of robert wipf innovation efforts, a comprehensive business plan is shot in the dark. Corporate Corporate Power. You#8217;re guaranteed to robert dissertation be 100% wrong.

So why try to. There are so many holes in this discussion. First of all we can#8217;t and al capone does my homework date don#8217;t know how many great businesses that failed might have made it, had they spent the time developing a plan. Then, read the fine print on this study: #8220;Those companies with a business plan in comparison with those without one had greater revenue (mean $2.52 million, median $550,000 vs. mean $2.18 million, median $350,000), higher net income (mean $371,086, median $97,500 vs. mean $272,952, median $93,000), and robert more employees (mean 31.80, median 5 vs. mean 9.59, median 3).#8221; Ok, so you#8217;ve succeeded at for the of licentiate of engineering getting your company up and running without a plan, but you#8217;re generating 20% of the revenues of the wipf dissertation companies that did take the time to plan (albeit at a higher margin which could have to do with number of corporate power employees). In any case, to leap to the conclusion that it#8217;s better to #8220;Just Do It#8221; than to wipf dissertation plan, based on the results of for the degree of licentiate this study, seems irresponsible to me. And, Guy, it also seems it flies in robert the face of your own Zen of Business Plan approach: #8220;The [more] relevant and important reason to my homework date write is a business plan, whether you are raising money or not, is to dissertation force the management team to thesis of licentiate of engineering solidify the wipf objectives (what), strategies (how), and tactics (when, where, who). Even if you have all the capital in the world, you should still write a business plan. Indeed, especially if you have all the capital in the world because too much capital is corporate essay power worse than too little.#8221; Is business planning obsolete? Guy Kawasaki writes about a WSJ article about the current use of business plans.

He is robert wipf absolutely correct that a business plan will never be 100% correct. But of course, what is. I#8217;ve been the planning business for a dozen. Entrance Essay For Cosmetology. I#8217;ve only once written a business plan: my business partner (who called me his business #8220;partner#8221; but called himself #8220;president#8221; of the company and made all the final decisions, even after all the wipf #8220;partners#8221; had decided on a different course of al capone date action) delegated this critical task to me. I don#8217;t think he felt a business plan was really necessary, he was just humouring me and wipf dissertation everyone else who was getting on are you most about essay his case to write one. Trying to write the robert wipf dissertation B.P. entailed discussing key stuff with my boss/partner. That#8217;s when I realized that I wasn#8217;t clear about his real intentions or objectives for the business: he would tell me whatever I wanted to hear at the time, but never seemed to essay power power take anything he said as any kind of promise or commitment. My job was to write a business plan so that he could tell people #8220;Yeah, we#8217;ve got a business plan#8221;, but he never intended to follow it.

When I (very belatedly) realized this, I bailed out. I was recently invited to robert join a project with a friend. Cosmology Ontology Essays In Chinese Thought. Remembering my previous experience, I suggested we write a business plan: #8220;Oh, we really don#8217;t need a business plan: either it#8217;ll work or it won#8217;t!#8221; Oh, god, I thought, another one! Obviously a business plan shouldn#8217;t take on a life of its own, as Guy says, but I think you need one to wipf convince others that you know what you#8217;re doing, that you#8217;ve done your homework. The fact that neither of my two #8220;partners#8221; think a business plan is really necessary simply told me that they were too lazy to do the al capone does my homework date homework. Kimber wrote about the similarity between business plans and robert wipf dissertation personal goals. Al Capone Does My Homework Release. That reminded me of a blog post I had read recently on David St Lawrence#8217;s blog, Making Ripples, which readers might find of interest. Companies and climate change Last month BSkyB, a British satellite-television company chaired by. Wipf. Agreed a business plan is a very useful and degree of licentiate of engineering helpful thing before starting any business. I would also recommend checking the following article out on business plans. It is a very good one.

I hope you find it as useful as I did. Do check it out. For more information about business plans visit us at or call us at 1-310-433-0694. Business plan ?Algo absolutamente necesario o una perdida detiempo? Una entrada en el blog de Guy Kawasaki habla sobre un tema que se ha puesto de moda: la discusion sobre si los planes de negocio aportan valor o son una perdida de tiempo. Mi opinion, que he expresado multitud de veces en este blog y en comentarios#8230; Experts in business planning like Guy Kawasaki, and our own Tim Berry, are all talking about the recent Wall Street Journal article “Enterprise: Do Start-ups Really Need Formal Business Plans.” The article is robert wipf dissertation based on passionate and why a study conducted by Professor. 5 Easy Things You Could Do With Your Business Idea.

Do you have one or several business ideas that you have been nursing but just havent been able to wipf dissertation take to the next level? Well, you are certainly not alone. I for one (and I am sure there are many like me) find that I cant stop coming up #8230; Over the years I have done many business plans for entrance one idea or another#8230;most times, if done properly, they turn out to be relevant in that they provide some level of discipline in how the business is planned and executed#8230; Business plans will still be needed for banks or investors, and most businesses need to go through that. But I agree, keep it short (10 pages max) and go straight to the point. Wipf Dissertation. It really helps staying on track and thesis for the degree of licentiate of engineering don#8217;t forget the dissertation main objectives. Reviewing your business plan every three months to adjust priorities is essential as you always have new partners, new competitors or new development that need to be integrated#8230; You can find additional information on this topic at

You really do need a business plan if you really want to are you passionate and why essay build a solid foundation under your business. The #8220;Working Business Plan#8221; is the robert best form of business plan to start out with. This plan answers the 5 #8220;W#8217;s#8221; Who, What, Where, When and Why about your business. Corporate Corporate Power Power. There is no pre-required length that a Working Business Plan should be. Just remember that you aren#8217;t writing to impress, you are writing to address the important issues of starting your business. This plan is just for your planning purposes and can be expanded later on into a full executive plan as needed. Do you need a strategic plan? For a while now, strategic planning has been the big rage.

It was essential that all companies have strategic plans, and those managers that did not think strategically were thought to be less capable than others. Management consultants c#8230; I compare preparing a road map to robert creating a business plan with my clients. Essays. Some prefer very detailed maps with every rest stop, restaurant and mile-marker indicated. Others just want a list of directions of when turns or changes in robert wipf direction are needed. Maps are useful and necessary for corporate corporate essay power power long trips, trips into unknown territory, and for newer drivers. Business plans can be simple or complex #8212; it all depends on who is driving and where they want to go. Is a Business Plan Necessary to Build a Successful Business? Over on IowaBiz I recently wrote about whether a business plan is necessary to wipf dissertation build a successful business. I thought I would share it with our readers here.

As an Iowa business lawyer I get the question a lot.If you#8230; I really appreciated this post on business planning. It’s something that every entrepreneur should be aware of#8230; we have a large subscriber base and we featured this post on our site under the research and planning category on our content site Thanks again for the useful information! Nice article and certainly true. I think that no matter how excelent is for the degree of licentiate a business plan or the idea behind it, if you just did not raise any succesfull business previously OR you didnt work for many years for an outstanding company as a manager OR you dont have very important contacts, the plan will be almost useless despite of being able to robert wipf make the plan happen.

So even if you need to raise money, IMHO I think writing down a business plan is not always a good idea.

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Competitive Analysis – Reva Electric Car Essay Sample. The REVA electric car is an innovative concept that has been introduced in the Indian market because of the rising fuel price in the country. The idea behind its conception is to wipf dissertation, provide a car that is eco-friendly and are you essay a small car that would be suitable for growing problems in traffic. The company introduced its cars not only to target the Indian market but also cater to the growing demand for such cars in the international market. In order to understand the competitiveness of the company and its position, a series of analysis is carried out like Porter’s Five Forces and SWOT as well as the Value Chain under the McKinsey Business System. Following this analysis, it can be seen that REVA is well placed to perform in a good way in the EV market. Even though there various challenges that the company could face, it can be overcome by wipf, adopting various strategies.

The company’s key strength is that it provides a high technology car, in corporate essay power, fact way ahead of others in terms of technology. Robert Dissertation. And the added point is that this high tech car is made possible at a lower cost. The cost compared to other manufacturers in are you most passionate about and why, the same industry is three to dissertation, four times lower. The pull down factor for the company is that it doesn’t offer a wide range of cars like 4-door cars or bigger models. It should be noted that in the future the range of essay power cars offered should be broadened so as that it satisfies various kinds of customers. Robert Wipf Dissertation. Despite all this, REVA cars are making headway into many countries and in the future it would turn out to cosmology efficacy thought, be one of the major players in the eco-friendly car industry.

In this assignment, the wipf dissertation, company taken into study is REVA Electric Car Company which is established in India. The company would be analyzed on its competitiveness by doing an industry analysis based on Porter’s Five Forces; a situation analysis is done using SWOT and is followed up with McKinsey Business System to analyze the value chain in REVA. Based on this analysis, it can be understood whether the company is competitively placed to wpp fellowship, face other companies in dissertation, the industry. The company strategy undertaken and corporate corporate also the ones to robert wipf dissertation, be taken is described so as to understand its future prospects. of performance.

The challenges to be faced ahead are listed down with recommendations to be considered in order to improve its standing. 2.0 Company Profile. REVA Electric Car Company (RECC) is based in Bangalore, India and part of the Maini Group. REVA is the first mass produced electric powered passenger car in India. It is the result of a joint venture between Maini Group and Amerigon Electric Vehicle Technologies (AEVT Inc.) of thesis USA. The Maini Group holds 70 per cent equity while the rest is wipf, with AEVT. REVA means ‘new beginning’ in Sanskrit. The new eco-friendly car was introduced in the Indian market in 2001 to symbolize a new beginning after four years of research and design. With depletion of all kinds of reserves and a world characterized by smog, noise and all kinds of pollutants, governments are awakening to corporate essay, the several benefits of EV technology. The car is powered by a high performance 37 kW AC induction motor that drives the front wheels, and uses sodium nickel chloride batteries in lieu of conventional lead acid batteries for extended life. Further technical details can be referred in the Appendix.

Electric vehicles have vast potential in dissertation, India and around the globe. Governments around the thesis for the of licentiate, world are already advocating the robert wipf, use of eco-friendly cars as steps to control pollution in the environment. The first prototype was built in 1996 and power power the car was put to extensive testing at Automobiles Research Association of India (ARAI), Pune. Over time it won many awards for its concept of robert wipf dissertation clean environment car. 3.0 Analysis of REVA. In order to examine the competitive market that REVA is engaged in, it is vital to do an industry analysis based on Porter’s Five Forces. Then a situation analysis should be done by assessing the internal capabilities and external possibilities using SWOT Analysis. Al Capone Does My Homework Release. This is followed up by doing a Value Chain Analysis which is robert dissertation, a method used to identify potential sources of economic advantage by suggesting how the firm’s internal core competencies can be integrated with its external competitive environment to direct optimal resource allocation. The McKinsey Business System is used to analyze the are you most about, value chain in REVA. 3.1.1 Porter’s Five Forces Analysis. Michael Porter provided this famous industry analysis that states that an industry is influenced by five forces.

It is very important for RECC to use this model to robert dissertation, develop a strategic edge over competitors by better understanding the industry context in which the company operates. The purpose of the Five Forces model is to analyze major economic and entrance school technological forces that will ultimately influence an industry’s profit potential. Identifying the wipf dissertation, profit potential otherwise known as attractiveness of an ontology essays in chinese thought industry provides the foundation for bridging the strategic gap between the firm’s external environment and its resources. (Fleisher Bensoussan, 2003, p61) Porter’s Five Forces can be classified as follows: a) Threat of new entrants. b) Bargaining power of suppliers. c) Bargaining power of buyers. d) Threat of substitutes. They are elaborated in detail in order to further understand and relate its importance to the competitive performance of REVA. a) Threat of new entrants. The entry barriers are related to the level of difficulty facing new entrants to compete in robert dissertation, the industry.

If entry is what passionate, easier, it would result in lower industry profitability. The entry into wipf the market of electric cars is quite difficult because of the entrance essay for cosmetology, level of robert wipf dissertation investment required. For The Degree. REVA was able to robert, develop the car in collaboration with American Electric Vehicle Technologies, US. The project took four years of designing and development that involved high investment. The funds were raised in India from ICICI Bank, Technology Development Bank and essays the Karnataka State Finance Corporation in the form of debt. Further investment is robert dissertation, sought from International Finance Corporation (IFC), the World Bank’s private sector lending arm, expected to pick up a stake in RECC at a substantial premium. This attraction of investors is because of the fact that RECC has been able to develop the required technology at al capone does my homework release date a much cheaper cost than others.

Certain international auto majors have bought electric car companies at a lower valuation but had to robert dissertation, pump in more funds than the acquisition cost itself to make it a viable proposition. But what RECC enjoys over power power new entrants into the market is proven technology at wipf dissertation low cost, a ready market and a good response to its product. The company has at least 10 patents and has capabilities to expand with inclusion of several new models, a bigger version of REVA and a vehicle for public transport. Further investment of around $20 million has been put into the future projects. For new entrants, it involves high investment costs and to achieve the what are you most passionate about and why, economies of scale is too difficult.

It would be hard for the new competitors to compete price wise as RECC has already achieved the development of the electric car at a low cost. To add to woes of wipf dissertation new competitors, commercial Electric Vehicles (EV) initiatives in India have received little governmental support – and most such initiatives have failed to take off because of two reasons: one, they cannot compete price-wise with the well entrenched petrol and diesel technology and two, battery technology is as yet inadequate to provide the complete solution, endurance and speed-wise, for an all- electric passenger vehicle. Cosmology And Human Essays In Chinese Thought. As a result such EV initiatives have been limited to applications like golf carts or airport and robert factory floor service vehicles. (Murali, J., 2000, IT sparks a revolution in electric vehicles, 2001 Giriprakash, K., 2003) The new entrants would face high costs, achieving economies of scale, pricing and patent rights because of al capone does my homework RECC holding 10 patents. It is further to be noted that RECC already has a well knit network of dealers all over the country as well as abroad. Wipf Dissertation. This can hinder the new entrant’s distribution capability and penetration into entrance school the market. b) Bargaining power of suppliers. This is a major force that refers to the ability of the suppliers to influence the cost, availability and quality of input materials to firms in the industry.

The company can face cost and price problems if the suppliers have an upper hand in the end result of the dissertation, product. In the case of RECC, the running chassis, integrated power system, energy management system and climate control seats for REVA cars are imported. The Prestolite batteries, forming the power pack developed in the US, will now be manufactured through Tudor India, an Exide subsidiary. Corporate Corporate Power. The charger has been developed in conjunction with Modular Power System of the US and the controller is manufactured by Curtis. The pricing of REVA can be influenced by the suppliers of these key elements of the car. This can be risky for RECC and has to look into future plans to find other prospective suppliers in the industry. The availability of dissertation substitute inputs can help in offsetting this influence.

The ability to switch supplier costs can also help in decreasing supplier influence. c) Bargaining power of buyers. The influence of the firm’s customers plays an entrance school important role in defining industry structure by virtue of their ability to force prices down by comparison shopping or by raising quality expectations. In the case of REVA, the robert dissertation, price competition comes from conventional technology cars running on petrol and diesel. The REVA’s initial cost vis-a-vis the Maruti 800 is a major inhibiting factor. Maruti is release, a low priced car which has the largest customer base in India. To influence of the customer to purchase REVA over wipf Maruti involves not just marketing the essays, eco-friendly concept but also to target the price in par or below Maruti. Since price is a driving force in the purchasing power of the consumer in India, the bargaining power of the buyer has great importance. But when it comes to pricing with other EV car manufacturers like Ford, Chrysler, General Motors, Nissan and robert dissertation Toyota; the buyer would be influenced by most passionate and why, the pricing of REVA. (Jagannathan, V., 2003)

So it can be noted that in the domestic Indian market the buyer has tremendous influence in the purchase of REVA over Maruti. But at the same time there are no other EV competitors in the domestic market to influence the buyer. And in the global market, price would surely influence the consumer to buy REVA over other brands. This owes to robert dissertation, the fact that REVA offers at thesis degree of licentiate par with the wipf dissertation, noted brands in terms of wpp fellowship quality and wipf technology. d) Threat of substitutes. The threat of substitute products can actually influence REVA’s market. If other substitute products can be offered at a lower price, it can cause problems for for cosmetology school the company.

The substitutes available to compete with EV cars are solar powered or hydrogen cars. Wipf Dissertation. If these new technology cars enter into the market offering lower price, it can hinder the sales of REVA. But the fact remains that solar powered cars are highly priced and so it doesn’t attract customers. The cost of a solar car is prohibitively high and thesis for the of licentiate recovery will be over a long period of wipf dissertation time. As far as hydrogen run cars are concerned, it’s still in the infant stage of designing and its full scale introduction into the market would take a longer period of time than expected. So it can be seen that there is no threat of does release substitute products coming into the car industry offering low price and hindering the sales performance of REVA. In the traditional economic model, competition among rival firms drives profits to zero.

But competition is not perfect and firms are not unsophisticated passive price takers. Robert. Rather, firms strive for a competitive advantage over corporate power their rivals. As far as rivalry is concerned to REVA in the domestic Indian market, there is none. REVA dominates the Indian EV market. There have been other manufacturers of EVs in India. Some of them being, Mahindra Mahindra who launched a battery operated three wheeler “Bijlee” in Delhi and the Chalakudi, Kerala-based Eddy Current Controls (India) Ltd, put on road its own pioneering chopper controller, DC motor- driven electric passenger car the dissertation, “Lovebird”. Corporate Corporate Power. The public sector Bharat Heavy Electricals Ltd (BHEL) and the Central Electronic Engineering Research Institute (CEERI) and the Indian Institute of Technology (IIT) Mumbai, have also developed all-electric vehicles . But all of these projects didn’t make it big because the national policy on dissertation non conventional energy alternatives was not encouraging; initiatives in India have received little governmental support and financial support by banks or financial institutions have been negligent. (IT sparks a revolution in electric vehicles, 2001) In the global market, REVA will face tough competition from some of the well established branded car manufacturers like Ford, Chrysler, General Motors, Nissan and Toyota.

But REVA can compete with these titans over time by strengthening its sales promotion, marketing and highlighting the wpp fellowship essays, price advantage it enjoys. 3.1.2 SWOT Analysis. Ken Andrews is robert dissertation, considered to be the pioneer of SWOT analysis. A SWOT analysis is a subset of the broader situation analysis that is thesis of licentiate of engineering, used to asses the strategic fit between the firm’s resources and capabilities with the external environment. Using this methodology, it is the right approach to determine a niche strategy – the best way for a firm to use its strengths to robert, exploit opportunities and to essay school, defend both the firm’s weaknesses and strengths against threats. (Fleisher Bensoussan, 2003, p92) The SWOT Analysis shows the internal strengths and weaknesses of the company as well as the external opportunities and threats to the company. In the case of REVA they can be highlighted in the following manner: * Financially strong with backing from banks and financial institutions. * High technology in par with other global brands. * Strong leadership and management by wipf, founder Chetan Maini. * Low cost of production.

No brand name to compete globally. No wide range of vehicles compared to other global competitors. Worldwide awareness and government support for corporate essay power eco-friendly vehicles. To expand into other countries with partnerships. Demand for low priced eco-friendly cars.

Small cars more preferred in wipf, traffic infested cities. Lack of government support in India to avail tax cut or subsidy in order to compete with similar priced Maruti cars. Entry of other competitors into India to utilize the opportunity to manufacture at school low cost. 3.1.3 McKinsey Business System. Value Chain Analysis is a method by which the firm’s internal core competencies can be integrated with its external competitive environment to direct optimal resource allocation. Robert. Using the McKinsey Business System, the wpp fellowship essays, key idea here would be to identify which part of the value chain is vital to add more value to the company’s end product.

The McKinsey Business System has the following categories in its value chain analysis. They are: Though all of these are important in REVA’s case, it is to be noted that more priority should be given to technology and product design. Robert Wipf. In an EV market, technology plays a key factor in order to compete with other EV manufacturers. Since technology keeps changing day by day, it’s imminent that the company improves its car models by adding more sophisticated gadgets. Cosmology Ontology And Human Efficacy Thought. The design of the car is very crucial to attract the interest of robert wipf dissertation potential buyers so as to increase its customer base.

Technology has been given due importance and steps taken to improve on it. Like for instance, the and human efficacy essays thought, car’s battery-charging unit is 15 per cent more efficient than others are. Dissertation. The car is controlled by two onboard computers and furthermore it has been Internet enabled. Cosmology And Human Efficacy In Chinese. Due to the technology driven concept, REVA is the world’s first car to have a remote-controlled pre-cooling air-conditioning system, and with climate-controlled seats. (Murali, J., 2000, Jagannathan, V., 2003 Reva showcases new electric car, 2005) The car also features a high-resolution single touch-screen display system featuring all vehicle dashboard functions as well as personal communication tools such as a GPS navigation system, a GPRS modem for internet and email access and an MP3 music player. (Reva Introduces NXG Electric City Car, 2005)

Product design is top priority in wipf dissertation, the eyes of REVA’s design team. So they adopted “Pro/Engineer” a 3-D product development solution from Parametric Technology (India) Pvt Ltd, Indian end of the US-based company that is a market leader in high end Computer- aided design and manufacturing (CAD/CAM) tools. Most Passionate About And Why. Complementing Pro/Engineer is wipf, Parametric’s solution for are you passionate essay collaborative product commerce, “Windchill”, which enables dozens of wipf dissertation engineers to use the corporate essay, Internet to bring together designers, parts suppliers, customers and manufacturers into a single environment. The REVA car design was achieved across 10 SGI work stations equipped with Pro/E. A complete model of the robert, car was created in 3D and the structural and motion analysis was done using Pro/Mechanica. (IT sparks a revolution in electric vehicles, 2001) The design team thus analyzed critical components like the corporate corporate power, chassis and the suspension and ironed out all foreseeable mechanical problems before the actual prototyping began. The joint venture with California-based AEVT group which specializes in robert wipf dissertation, aerospace technologies for the automotive industry has ensured that the REVA has its heart, an Intelligent Energy Management System (EMS) that interfaces with all on-board electronics and optimizes the battery charging process.

(IT sparks a revolution in electric vehicles, 2001) The company hopes to make progress in the technology of the car. By 2006 REVA will be powered with lithium ion battery, the next step will be fuel cell (2009-13) and finally a car powered by solar/fuel cell (2015-20). Next-generation motors, electronics and power battery will bring down the price and increase the vehicle performance. (Jagannathan, V., 2003) All this was done with cost control and is why RECC is way ahead of others in technology. In the future as well, the same resilience should be shown in technology and product design as these two can tilt the odds in favor of REVA by robert wipf, adding more value to its products. 4.0 Company Strategy. As the design and production of the car was important, RECC formed partnerships with key component manufacturers like Curtis Instruments Inc (motor controller), Tudor India (batteries) and Modular Power Systems (charger unit) were also developed. In addition, group companies (Maini Precision Products, Maini Material Movement and Maini Info Solutions) also contributed their share in for the of licentiate, supplying components and dissertation software.

A conventional fuel car has around 5,000 parts, the REVA has little less than 1,000 parts and not many are moving components. Nearly 900 components have been localized by REVA Electric. (Jagannathan, V., 2003) The advanced technological innovations helped RECC to essays, keep the project cost low. Robert Wipf Dissertation. For instance, the REVA plant does not have the high investment sheet metal press shop and what are you about paint booth as in the case of a conventional car project. The REVA’s body is made of strong and coloured polymer plastic.

The plant does not have a conveyor line as the shell is robert wipf, first fixed with wheels fitted with tubeless tyres and rolled from one workstation to another. (Jagannathan, V., 2003) After RECC had finished its prototype of the REVA car, it had to face the challenge of penetrating the market. In order for the product to be popular good marketing and distribution plans has to be in place. In preparation for my homework release its launch in robert dissertation, January 2001, the RECC, appointed 90 dealers country wide, 40 of whom are around Bangalore.

Then it was followed up with talks with Karnataka Power Transmission Corporation (KPTC) to get the ontology efficacy essays in chinese thought, necessary clearances. Robert Dissertation. This is to enable recharging of the car at houses and apartment blocks. Further talks were carried out with Bangalore City Corporation (BCC) to install recharging points at entrance essay for cosmetology airports and dissertation shopping complexes. The company’s goal was to cater to a niche market, aimed at those switching from two-wheelers to essays, four-wheelers, housewives, retired persons, college-goers and corporate users. The company is expanding its distribution network by entering new markets. The plan is to appoint two new dealers every month. In next six months the company plans to have dealers in 14 new cities. (Murali, J., 2000 Jagannathan, V., 2003) Pricing of the car was part of the robert wipf, driving force in most passionate about and why, the company’s strategy. But as far as electric vehicles go, REVA is possibly the cheapest in the world!

Cars like the Ford Think, which are just a bit larger and have similar range, cost three to four times the Reva’s price in robert wipf dissertation, Europe. RECC understood the fact that it would face a lot of competition as it goes global with its electric car. REVA cars have various niche market applications with tremendous potential for use in island countries like Mauritius, Maldives, Seychelles, New Zealand, Cayman Islands, Channel Island, Fiji, Trinidad Tobago, St. Kitts to name just a few. REVA has been able to market its concept of protecting and preserving the beauty and the ecology of such spots.

Attractive sales and service packages are available for bulk buyers from the tourism hospitality industry, fleet operators, and large organizations besides local residents. (Reva Company Website, 2005) REVA as part of entrance for cosmetology its expansion plan wanted to robert wipf, penetrate the global market effectively. Cosmology Efficacy Essays In Chinese. It saw the robert wipf dissertation, immense scope in the export market and as a result it formulated plans to attract customers in the international market. The company has already tied up with Nepal, Israel, Malta and Japan for marketing, sales and service of the REVA cars.

It also finalized deals in UK and Sri Lanka with talks in the process for what most passionate and why technology transfer to China and Malaysia for local production. RECC introduced the first electric car in Sri Lanka christened ‘Ceylinco REVA’. It was launched in Colombo early part of 2005. Initially the car would be imported from India and subsequently would be assembled in Sri Lanka. The REVA car would be the ideal car to overcome the rising cost of fuel in Sri Lanka. The possibility of obtaining duty wavers and other concessions from the Sri Lankan government is being negotiated and would make the car more affordable for the public. When the ‘Ceylinco REVA’ is locally assembled by the end of the year, it would also bring down the cost of the vehicle. (Sirimane, S., 2005) REVA is already marketed in United Kingdom, Hong Kong, Japan and with the left hand drive version being introduced soon it would be sold in Europe as well. The focus has been to get acclaim from prospective customers around the globe. The car did very well in the world famous Osaka Auto Show, Japan creating a lot of excitement among car enthusiasts.

The Japan Government in its bid to promote electric vehicles has provided a subsidy of $2,600 per car to REVA. The subsidy amount is given directly to the customer from the Japanese Government once he has purchased the car. (Japan provides subsidy for REVA car, 2005) This was followed by introducing a new series of models in UK this year. Dissertation. GoinGreen, a retailer of electric cars in the UK, showcased the new REVA NXG electric concept car in wpp fellowship essays, London.

GoinGreen has been marketing another REVA EV–the G-Wiz–since May 2004. The NXG has a range of 125 miles (200 km) per charge and a top speed of 75 mph (120 km/h). The car also features a high-resolution single touch-screen display system featuring all vehicle dashboard functions as well as personal communication tools such as a GPS navigation system, a GPRS modem for internet and email access and an MP3 music player. (Reva Introduces NXG Electric City Car, 2005) The corporate plan now is to launch newer and bigger vehicles and scale up capacity to 50,000 units. Currently there are around 500 REVA cars on the road. The company rolls out 50 cars a month. The production is planned to go up to 200 cars per month and the target for this fiscal is to sell 1,200 cars.

5.0 Challenges Ahead. There are various challenges that the robert wipf dissertation, company would face in the domestic as well as international arena. The challenges can be listed as follows: Intense competition from local Indian car maker, Maruti. International car makers like Toyota, Honda, Ford, etc. have a wider range of most passionate about essay electric cars.

Support from robert, governments in Asian countries who lack the will to promote eco-friendly cars. Unavailability of electric charging facilities like the established network of petrol stations for for the degree of licentiate conventional vehicles. Though there are many challenges which RECC has to face; in order to robert wipf dissertation, be successful it can take up necessary steps with a vision to out beat competition. Some of these recommendations are listed below: In many countries postal departments use RHD cars as they offer ease of dispatch of what most and why essay mailing letters. The REVA can be easily custom-made to robert, suit the requirements of varied uses. At a phenomenally low cost, the REVA will be a good initiative by any Government in promoting the and human, use of clean vehicles by its departments. Negotiate and avail tax cuts subsidies from the robert dissertation, Indian Government in does release, order to cut down price and thereby compete with conventional car makers. Target the European market with its left hand version as soon as possible. with price being the wipf dissertation, plus factor of REVA. Form partnerships with countries and entrance for cosmetology look for localized production in target countries if price can be further reduced.

Like tap the hardware industry of China to make the robert, product more cost effective. More models need to be introduced to corporate corporate, counter other international competitors. On the basis of the analysis done in robert dissertation, this assignment on the REVA electric car, it can be concluded that the company has the does my homework, capabilities to perform well in the market. This is possible through the strength it enjoys over other competitors – high technology with cost effectiveness. The problem it can face is that it doesn’t have the brand name like Ford or Toyota to compete globally but over robert dissertation time as technology is upgraded in thesis for the of engineering, REVA and new models are introduced, it can surely take on the titans in the car industry. But as of wipf now it is critical to slowly build up on the strong platform that it enjoys and corporate essay power build partnerships to penetrate into dissertation international markets. Cosmology Ontology Essays In Chinese Thought. In the long run, REVA is robert dissertation, most likely to make its mark in the EV market. 1. AutoCar. (2002). Retrieved: May 23, 2005, from 2. Fleisher, C.S. Bensoussan, B.E. (2003).

Strategic and Competitive Analysis: Methods and Techniques for Analyzing Business Competition. New Jersey: Prentice Hall. 3. What Are You And Why. Giriprakash, K. (2003). Reva in robert dissertation, talks with IFC to raise funds. Business Line, May 28 issue. Retrieved: May 21, 2005, from 4. IT sparks a revolution in electric vehicles (2001) The Hindu, Sept 06 issue.

Retrieved: May 19, 2005, from 5. Jagannathan, V. (2003). Revving up a revolution. Retrieved: May 22, 2005, from. 6. Japan provides subsidy for REVA car. (2005). The Hindu, Jan 08 issue. Retrieved: May 22, 2005, from 7. Murali, J. (2000). And Human Efficacy. Maini Group upbeat on REVA car prospects. Business Line, Sept 17 issue.

Retrieved: May 20, 2005, from robert wipf, 8. Reva Company Website. (2005). Reva – Global Markets. Retrieved: May 22, 2005, from. 9. Reva Introduces NXG Electric City Car. (2005). Retrieved: May 24, 2005, from 10.

Reva showcases new electric car. (2005). Retrieved: May 21, 2005, from 11. Sirimane, S. (2005). Ceylinco REVA electric Car launched. Retrieved: May 22, 2005, from ontology efficacy thought, Is this the robert, perfect essay for you?

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Robert Wipf | Professional Profile

Custom Children and Divorce essay paper writing service. Divorce is a phenomenon that has been there for as long as marriages have. However, ways of divorce change with time. Dissertation? In the early days, marriage was a personal decision. Neither religion nor law determined divorce.

With the school introduction and rise of Christianity, this changed and in the modern days, apart from personal issues, it is robert also influenced by religion and law. In the recent past, number of divorces was on the rise all over the world. However, divorce rates vary with regions. For instance, in the Western and Southern states, divorce rates are higher than in the Northeastern and what are you most passionate about and why, Midwestern states. Usually, divorce happens when parents feel that they cannot live together any more. Divorce takes various forms including economic, co-parental, community and psychological. In economic divorce, partners break the existing economic unit into two units. Each individual becomes independent.

They share property and relocate from the robert wipf dissertation initial residence. In co-parental divorce, parents have a plan on the custody of the children. This involves contact with the children and responsibility of their needs. Divorce affects social status. For The Of Licentiate Of Engineering? Their circle of friends changes and wipf dissertation, some friends may withdraw because of having fear of taking sides or disapproving of the divorce.

The individuals also get new friends. This is community divorce. Divorce affects the parties involved psychologically. After divorce, the parties try to cosmology ontology efficacy thought gain psychological independence. This provides them a basis for personal growth and strength. Divorcing partners go through the various stages before separation. Robert Wipf Dissertation? In the initial stage of denial, the partners fail to acknowledge the cosmology ontology essays in chinese thought conflict, and robert wipf, they attribute it to external factors. In the next stage of loss and depression, the partners acknowledge the conflict and feel intense loss and loneliness. A stage of anger follows where the partners become harsh and sometimes violent to one another.

They are afraid of the future and have to decide whether to let go or not. Finally, the couple faces reorientation where they have to cosmology and human efficacy in chinese redefine their status as single. They have to face the reality of divorce. During this transformational period, they are vulnerable and dissertation, can easily fall into new partners without emotional attachment or else they lose social contact completely. They find it difficult to adjust to the new situation. During these stages of divorce, children face a hard time as they try to understand the situation and release date, adjust to robert the new condition (Wilson, 2009). Children whose parents are divorced or are planning a divorce go through a hectic time. This impact, however, depends on the various things, age of the children being the al capone does release date main determinant. This essay will explore why children are impacted by divorce of their parents; the sings and dangers of dissertation, children whose parents are divorced; and ways of helping kids to go through a divorce. Children are negatively affected by the divorce of their parents, and they react to this differently, mainly depending on their age and their gender.

Infants do not understand the conflict between their parents, but they notice the parent’s change in mood and energy level. They may react to this by having stomach upsets and spiting more than before. These infants also have decreased appetite. These children are mainly below two years old. Preschool children, those between three and five years old, usually blame themselves for the breakup. They think that they could have prevented it by being obedient and doing their work better. These children feel abandoned and they portal baby like behavior such as wetting their beds.

They get depressed, angry and what passionate about essay, are usually very uncooperative. They are also very aggressive and disobedient. Robert Wipf Dissertation? School-aged children understand that their parents have separated. They are grieved and embarrassed of the separation. These children have divided loyalty and intense anger. They complain of ontology essays thought, stomach aches and headaches frequently. Mostly, these children feel rejected by the parent who leaves. They may drop in their academic performance.

Adolescents, however, are angered, depressed and robert dissertation, lonely. They feel that they have to take the responsibility of the younger siblings. They doubt their ability to wpp fellowship essays get married and robert dissertation, sustain marriage. They tend to choose one parent and reject the wpp fellowship other. Based on gender, boys who live with their fathers or have frequent contact with their fathers tend to be less aggressive and wipf, have minimal emotional problems than those raised by what are you about essay their mothers. On the other hand, girls raised by their mothers tend to be more responsible and mature than those raised by their fathers. It is evident, however, that children are greatly affected by divorce of their parents.

Children get impacted by the divorce of their parents due to robert wipf the various reasons. Children are afraid of the change that will result in case of a divorce. Their routine will change, and one parent figure will be missing. They fear losing contact with the extended family of one side. They also fear that their life and social status will change.

These children also have a fear of being abandoned by their parents. They see it as if they will lose their parents and as a fear that they may have to take responsibility over al capone my homework themselves. Children also fear losing their attachment. As children grow up, they develop a strong attachment to their surroundings, pets, siblings, parents and neighbors. Divorce will force them to detach themselves from some of these, and they fear this. Losing this kind of attachment may affect these children negatively.

Children of divorce also fear parental tension. During and after divorce, children experience a lot of wipf dissertation, tension as their parents are not in what passionate and why, terms. This condition is robert wipf dissertation worse especially where the parents insult and blame one another when children are present. Children whose parents are divorcing are easy to identify because they portray some extraordinary characters. They tend to be aggressive defiant. They are frequently involved in fights with the other children. Corporate Power? They are quickly angered and wipf dissertation, very uncooperative. They also exhibit extreme behaviors. Some may become pick picketers or shop lifters while others tend to what most essay be very soft and good. These children are also depressed.

They change their eating habits and most of robert dissertation, them have decreased appetite. Thesis For The? They have low self esteem and may attempt suicide. Wipf? They isolate themselves from the corporate essay power power rest and robert dissertation, do not hang out wpp fellowship essays or play with their friends. However, children of divorce should be assisted to adjust to robert wipf the new situation. Parents should consider their children and try their best to ensure that the thesis for the degree children are not affected negatively by the divorce. Parents should maintain their children in a good state during and after divorce. They should confer with each other before telling their children of the break up.

Children should get information on dissertation divorce from their parents themselves. However, parents should take caution when telling their children about it. They should discuss in advance on how to essays tell their children and in case of dissertation, any difficulty, they should get a trusted mediator or seek for assistance of a counselor. Parents need to keep their differences and anger apart for the sake of their children. This increases the trust of the children in the parents (Clarke-Stewart Brentano, 2006). Both parents need to be present when telling the children about the does my homework release divorce. By doing so, the children are convinced that their parents are able to robert wipf dissertation care for them and that they are concerned about their well-being.

The manner with which parents conduct themselves when telling their children about the divorce, may greatly influence children’s expectations and reaction. They should remain calm and avoid blames in the presence of their children. They should avoid expressing anger and hatred for each other as this may affect the essay children negatively. This may make the children lose trust in their parents. They should avoid giving reasons of personal nature, but instead they should aim at making the children to wipf dissertation understand that they still love one another and that, at times, it may become hard to coexist together. Parents should give their children details about the changes that will occur. They should give them the details of the parent who is leaving the house, how often they will be in power, contact with them, and, above all, they should reassure the children of their love; this may be done through words or actions. Parents should be generous enough to embrace each other and the children. Robert Wipf? This builds the children's trust that the parents love them and are responsible for them. Parents should welcome questions from their children and answer them honestly. If the children ask sensitive questions, the parents should be wise enough to convince children that they are secure and loved.

Parents should give the children time to adjust and during this time, they should increase contact with the children. They should not alter the earlier routine at this time, but should provide for cosmology ontology in chinese their needs and give them psychological support. Some children may be reluctant to react or respond of having fear of upsetting or hurting their parents. Such children should be encouraged to robert wipf open up. Parents should try to convince their children that they did not contribute to the divorce. They should also convince them that they had nothing to do to stop the divorce. The parent who remains with children should be close to them and frequently involved in their lives. He or she should avoid making negative statements about the thesis of licentiate of engineering divorced parent in the presence of the dissertation children. The children should be free to visit the parent who leaves the house. Essay For Cosmetology School? This assures the children of continued parental care and robert wipf dissertation, love (Emery, 2004). Passionate About And Why Essay? The parent who leaves the house should ensure that he gets in contact with the children regularly an avoid making promises which he or she will not fulfill.

Parents should keep a keen track on the effects of robert wipf dissertation, divorce on the children, especially the school going kids, to ensure that they do not drop academically. They should also observe the children’s social life to ensure that they do not change negatively. Parents can help their children go through the effects accompanied with the divorce by buying books. This is especially necessary if the cause of the divorce is a sensitive issue. Parents should also be cautious when to essay introduce a new partner to the children. Duration of one year is usually not advisable, since the wipf memories of the divorced partner are still fresh in their minds. The extended family members should also help the children to go through the divorce of their parents. Children tend to have a great attachment to their grandparents, and, therefore, grandparents should try and passionate about and why essay, be involved in their grandchildren’s lives in incidences of divorcing parents. Some children open up to wipf dissertation their grandparents, and this gives the grandparents a good chance to convince the corporate power children that, sometimes, it can become hard for adults to continue living together.

This may change the children`s attitude towards the divorce of their parent`s, and they adjust easily. Relatives should support the children emotionally and show them love. Parents should avoid discussing the divorce in robert dissertation, the presence of children. Family friends also should visit the children frequently, show them love and help them to adjust. If the children are school going, teachers should handle them with caution and avoid making comments that may hurt their feelings. Teachers can encourage them through talks and for the of licentiate, help them understand that they have a life ahead. In case of change in the behavior of the robert children, they can communicate to the parents or get assistance of a counselor. Ontology Efficacy Essays? This will ensure that the children overcome the effects of the divorce quickly and dissertation, with no much harm.

Peers can also help overcome the effects. They should encourage the children whose parents have separated and show them love. In case of problems, they should be ready to listen to them and encourage them to open up. They should try to make them jovial by inviting them in their games and encouraging them to entrance for cosmetology school play and not to isolate themselves. Marriages sometimes become hard to sustain, and partners decide to separate. Wipf Dissertation? In some cases, it is healthy to separate, but in most cases, separation causes a great destruction.

Children suffer greatly from divorce of thesis, their parents. The ability of children to dissertation adjust depends on, among other things, their resilience. Power Power? Children who are more resilient adjust easily and are not affected much compared to those who are less resilient. Children whose parents' divorce require a lot of support from the family, peers and teachers to assist them to overcome the trauma they go through when their parents separate. Robert Wipf Dissertation? Separated parents should also take the cosmology ontology and human well being of their children paramount and should constantly reassure them their love. Parents, if possible, should try to avoid divorce at all costs, as it has many negative effects on robert them and their children. Buy Children and Divorce essay paper online. Please, thank writer #2412 for helping me finish my thesis. I do not think I could have completed it on time if not for my homework release his or her assistance. The next time I need help with a writing project, I will be sure to come back to

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